Connect with us

Technology

BINANCE BAHRAIN FIRST CRYPTO-ASSET SERVICE PROVIDER TO BE GRANTED FULL CATEGORY 4 LICENSE IN THE KINGDOM OF BAHRAIN

Published

on

MANAMA, Bahrain, May 26, 2022 /PRNewswire/ — Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, today announces that Binance Bahrain has received a Category 4 license as a crypto-asset service provider (CASP) from the Central Bank of Bahrain (CBB), allowing it to offer a full-suite of crypto exchange services in Bahrain. Binance Bahrain is the first exchange to be granted a category 4 license by the CBB.

Richard Teng, Head of MENA at Binance, said: “The upgrade to a Category 4 license in the Kingdom of Bahrain is a landmark achievement for Binance and further signifies our commitment to being a compliance-first exchange. This will allow us to provide the full suite of products and services that users have come to expect from an exchange, in a safe and well regulated environment.

“We are grateful to the Central Bank of Bahrain for their support and vision in granting Binance Bahrain this license. Bahrain is well on the path to becoming a leading global hub for crypto.”

The Category 4 license will allow Binance Bahrain to provide a full range of crypto-asset exchange services to customers under the supervision of the Bahrain regulators.

About Binance

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com.

About the Central Bank of Bahrain

The Central Bank of Bahrain (CBB) is a public corporate entity established by the 2006 CBB and Financial Institutions Law. It was created on 6th September 2006. The CBB is responsible for maintaining monetary and financial stability in the Kingdom of Bahrain. It succeeded the Bahrain Monetary Agency, which had previously carried out central banking and regulatory functions since its establishment in 1973. The CBB inherits the BMA’s 33-year track record and wide range of responsibilities. It implements the Kingdom’s monetary and foreign exchange rate policies, manages the government’s reserves and debt issuance, issues the national currency and oversees the country’s payments and settlement systems. It is also the sole regulator of Bahrain’s financial sector, covering the full range of banking, insurance, investment business and capital markets activities. The CBB’s wide scope of responsibilities allows a consistent policy approach to be undertaken across the whole of the Kingdom’s financial sector. It also provides a straightforward and efficient regulatory framework for financial services firms operating in Bahrain.

Logo – https://mma.prnewswire.com/media/1773650/Binance_Logo_Yellow_4x_Logo.jpg

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Geo Week Announces Keynote – Francis Scott Key Bridge: Rescue, Recovery, and Rebuild

Published

on

By

Experts from USGIF, NOAA’s National Geodetic Survey, and Army Geospatial Center will participate in panel discussion

PORTLAND, Maine, Nov. 21, 2024 /PRNewswire-PRWeb/ — Organizers of Geo Week, the leading event uniting geospatial technologies with the built environment, announced a second Keynote:Francis Scott Key Bridge: Rescue, Recovery, and Rebuild. This keynote will take place during Geo Week February 10-12, 2025, at the Colorado Convention Center in Denver, Colorado.

This keynote will highlight how these technologies not only aided in the immediate rescue and recovery efforts but also serve as a foundation for rebuilding stronger and smarter.” – Ronda Schrenk

This keynote presentation will discuss the heroic rescue and recovery operations through the eyes of the National Oceanic and Atmospheric Administration and the Army Geospatial Center. Presenters will explore how numerous teams mobilized quickly, leveraging a vast array of geospatial data inputs and advanced analytics to create a groundbreaking common operating picture. This enabled unparalleled collaboration across federal, state, and local levels to address a disaster of this magnitude.
Rhonda Schrenk, CEO of United States Geospatial Intelligence Foundation (USGIF), Mike Aslaksen, Chief, Remote Sensing Division of NOAA’s National Geodetic Survey, and Jeremy Wasson, Lead for Data Integration at the Army Geospatial Center (AGC) will discuss the crucial role geospatial technology played in addressing an infrastructural disaster in one of the U.S.’s largest ports.

“The Francis Scott Key Bridge incident is a powerful reminder of the critical role geospatial intelligence plays in disaster response and infrastructure resilience. Leveraging advanced geospatial data and a common operating picture, we were able to unite agencies at all levels to address an unprecedented challenge,” said Ronda Schrenk, CEO of USGIF. “This keynote will highlight how these technologies not only aided in the immediate rescue and recovery efforts but also serve as a foundation for rebuilding stronger and smarter.”

For detailed information on the keynote sessions, visit http://www.geo-week.com/keynotes.

Visit http://www.geo-week.com for more information on attending or exhibiting. Register now for Super Saver pricing.    

About Geo Week

Geo Week, presented by https://www.g eoweeknews.com/conference-news [Geo Week News __title__ ], was created in response to the changing needs of the built world and geospatial professionals and to acknowledge the increasing convergence of technology. Geo Week’s conference program and tradeshow floor feature commercial applications of geospatial and 3D technologies, innovations, and case studies in the built environment, advanced airborne and terrestrial remote sensing solutions and more. Multiple strategic partnerships, including Conference and Event Partners ASPRS and Reality Capture Network, plus Event Partners ISPRS, MAPPS, USGIF, USIBD, and WGIC strengthen Geo Week. Geo Week occurs February 10-12, 2025, at the Colorado Convention Center, Denver, CO. For more information, visit https://www.geo-week.com/.    

Geo Week is produced by Diversified Communications’ technology portfolio, which also includes Commercial UAV News; Geo Week, Geo Week Newsletter, 3D Technology Newsletter, AEC Innovations Newsletter, Geo Business (UK) and Digital Construction Week (UK).

For information about exhibiting at Geo Week, visit the Exhibitor Information page or contact Casey Reynolds, Sales Manager, at creynolds@divcom.com. For Attendee Inquiries, visit the Attendee Inquiry page or email info@geo-week.com

Questions?
Lora Burns
Geo Week Senior Marketing Manager
lburns@divcom.com

Media Contact

Lora Burns, Diversified Communications, (207) 842-5522, Lburns@divcom.com, http://www.geo-week.com/

View original content to download multimedia:https://www.prweb.com/releases/geo-week-announces-keynote—francis-scott-key-bridge-rescue-recovery-and-rebuild-302313480.html

SOURCE Geo Week

Continue Reading

Technology

AVAPOW’s Black Friday Event: Essential Automotive Tools At Exclusive Prices

Published

on

By

NEW YORK, Nov. 21, 2024 /PRNewswire/ — With winter’s chill fast approaching, AVAPOW, a leading expert in vehicle tools, is making it easier for vehicle owners to prepare for the season’s challenges. From November 21st to December 2nd, AVAPOW’s Black Friday event offers exclusive discounts on essential tools for winter readiness. Available on Amazon, TikTok Shop, Walmart, and Mercado, this limited-time event highlights a range of powerful and reliable products designed to support drivers through the cold months ahead.

Trusted by vehicle owners, AVAPOW’s tools are known for their reliability and performance, especially in tough winter conditions. Whether tackling freezing mornings or addressing unexpected roadside issues, these products have become indispensable for many.

Building on this trust and proven performance, AVAPOW is proud to highlight the following key products during the Black Friday event.

AVAPOW Black Friday Highlight Products

A68 – As a flagship product, the A68 features a 6000A peak current, and an eight-safety protection system, designed to jump-start 12V vehicles even in freezing temperatures. Compact yet powerful, it includes an eight-safety protection system and a bright LED SOS light, making it an indispensable tool for winter emergencies.A58 – With a 4000A peak current, the A58 is versatile enough to start all 12V vehicles. Its intelligent protection features make it an essential tool for winter road trips or when stranded during snowstorms, offering peace of mind during harsh conditions.AP6 – Equipped with USB-C IN/OUT fast charging technology and a 3.3-inch LCD screen for real-time monitoring, the AP6 combines a jump starter with a powerful air compressor. It’s perfect for inflating tires or jump-starting your vehicle, even in sub-zero temperatures.A07 –The upgraded A07 includes 8 safety systems, an IP65 water-resistant rating, one quick-charging USB port, and 21 bright LED bulbs. From providing light during nighttime roadside assistance to jump-starting your car in icy conditions, it’s a dependable tool for emergencies.

These products are not only practical tools but also make thoughtful gifts for anyone who relies on their vehicle during the winter season. Don’t miss the chance to take advantage of these special offers and ensure your journeys are safe and hassle-free.

About AVAPOW

At AVAPOW, we recognize that life is a journey filled with both challenges and opportunities. “AVA” represents two different directions: a time to rise like an A, and a time to fall like a V. But we believe that we shall overcome and keep moving up as an A. “POW” signifies the inner power and strength we all have in our deepest hearts, inspiring us to move forward with confidence, unafraid of anything.

Our Mission

“Wherever there is a road, we will be there with you.” We are committed to empowering you to explore the world, equipped with the right tools to navigate any situation, ensuring that every journey is met with confidence and reliability.

Our Vision

To become a world-class brand in automotive tools.

Official Website: https://www.avapow.net/

Amazon Flagship Store:

https://www.amazon.com/stores/AVAPOW/page/706D9338-B5FE-451B-AE07-032137EE8ADA

TikTok Flagship Shop:

https://vt.tiktok.com/ZTYNB5DDX

Official Social Media

Facebook: https://www.facebook.com/avapow.fans
Linkedin: https://www.linkedin.com/company/avapow/
TikTok:https://www.tiktok.com/@avapow

Contact:marketing@avapow.net

View original content to download multimedia:https://www.prnewswire.com/news-releases/avapows-black-friday-event-essential-automotive-tools-at-exclusive-prices-302311264.html

SOURCE AVAPOW TECHNOLOGY INC.

Continue Reading

Technology

Government of Canada Supports Increased Indigenous Participation in the Natural Resources Economy in Nunavut

Published

on

By

POND INLET, NT, Nov. 21, 2024 /CNW/ – Partnering with Indigenous Peoples, communities and businesses is critical to building inclusive, sustainable and resilient natural resource sectors in Canada.

Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced a $2.1-million investment under the Indigenous Natural Resource Partnerships (INRP) program to the Qikiqtani Inuit Association (QIA) for an Inuit-led project in Nunavut.

Results of the project will include:

QIA will purchase heavy equipment simulators dedicated to the Pond Inlet Research and Training Centre.Inuit Nunavummiut will be able to receive vital training in their home territory.Systemic barriers to Inuit participation in the natural resource economy will be reduced.Meaningful partnerships and engagement in the critical minerals sector will be advanced.

The Government of Canada remains committed to advancing meaningful partnerships with Indigenous Peoples and enabling the development of innovative natural resource projects that will produce benefits for generations to come.

Quote

“Today’s investment is about fostering Inuit mining expertise to create more jobs and drive economic growth in ways that advance economic reconciliation. It is our priority to enable the full participation of Indigenous partners in the development of a natural resource economy on our way to a clean energy future — a future where all communities can take advantage of technologies that reduce costs and provide job opportunities in vitally important industries.”

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

Quick Facts

Mineral exploration and mining are among the largest private sector industries in Nunavut, accounting for 41.23 percent of the gross domestic product in 2021. In 2022, Nunavut was responsible for eight percent of total iron ore production in Canada.Budget 2022 allocated $80 million over five years, starting in 2022–23, to renew and expand the INRP program to all natural resource sectors and all regions of Canada. The expanded program provides targeted funding to Indigenous communities across Canada to build the capacity and establish the partnerships necessary to secure economic opportunities from natural resource projects and become equal partners in Canada’s net-zero transition.The QIA is a Designated Inuit Organization under the Nunavut Agreement (Nunavut Land Claims Agreement). QIA is a regional Inuit organization representing the 13 Inuit communities in the Qikiqtani Region of Nunavut. Key to its mandate is the implementation of Inuit-led and Inuit-driven solutions for the betterment of the Qikiqtani Region.QIA aims to strengthen the benefits of Nunavut’s mining industry by establishing educational facilities and training that will see an increased percentage of Nunavut Inuit youth hired in positions relating to critical minerals exploration, operations, research and monitoring.

Related Information

Indigenous Natural Resource PartnershipsCritical minerals in Canada Iron ore facts

Follow us on LinkedIn

SOURCE Natural Resources Canada

Continue Reading

Trending